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MarketBeat Week in Review – 1/30 - 2/3
Ford, Starbucks fall; Clorox, Gilead Sciences rise
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“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Treasury makes more electric SUVs eligible for tax credits
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Closing prices for crude oil, gold and other commodities
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
MarketBeat Week in Review – 1/30 - 2/3
Ford, Starbucks fall; Clorox, Gilead Sciences rise
A gold storm is coming… (Ad)
Skull found in '97 in remote Alaska belongs to New York man
How major US stock indexes fared Friday 2/3/2023
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Treasury makes more electric SUVs eligible for tax credits
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Closing prices for crude oil, gold and other commodities
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
MarketBeat Week in Review – 1/30 - 2/3
Ford, Starbucks fall; Clorox, Gilead Sciences rise
A gold storm is coming… (Ad)
Skull found in '97 in remote Alaska belongs to New York man
How major US stock indexes fared Friday 2/3/2023
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Treasury makes more electric SUVs eligible for tax credits
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Closing prices for crude oil, gold and other commodities
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
MarketBeat Week in Review – 1/30 - 2/3
Ford, Starbucks fall; Clorox, Gilead Sciences rise
A gold storm is coming… (Ad)
Skull found in '97 in remote Alaska belongs to New York man
How major US stock indexes fared Friday 2/3/2023
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Jury: Musk didn't defraud investors with 2018 Tesla tweets
Treasury makes more electric SUVs eligible for tax credits
NYSE:GVA

Granite Construction - GVA Stock Forecast, Price & News

$43.10
+0.30 (+0.70%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$42.24
$43.85
50-Day Range
$34.48
$43.10
52-Week Range
$25.35
$43.85
Volume
1.13 million shs
Average Volume
376,924 shs
Market Capitalization
$1.88 billion
P/E Ratio
34.21
Dividend Yield
1.22%
Price Target
$28.00

Granite Construction MarketRank™ Forecast

Analyst Rating
Reduce
1.00 Rating Score
Upside/​Downside
35.0% Downside
$28.00 Price Target
Short Interest
Bearish
12.29% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.49mentions of Granite Construction in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.12%
From $2.64 to $2.96 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.51 out of 5 stars

Construction Sector

101st out of 105 stocks

Heavy Construction, Except Building Construction - Contractors Industry

8th out of 8 stocks

GVA stock logo

About Granite Construction (NYSE:GVA) Stock

Granite Construction, Inc. is a holding company. It operates as an infrastructure contractor and a construction materials company in the United States. It operates through the following segments: Construction and Materials. The Construction segment is involved in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public. It also focuses on water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies. The company also constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar, and power projects. The Materials segment is involved in the production of aggregates and asphalt for internal use, as well as for sale to third parties. In addition, it offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities, and provides construction management professional services. The company serves federal agencies, state departments of tr

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GVA Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Granite’s Washington Region Receives Project Awards
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Granite Construction's Outperformance Can Continue
Granite Construction's (NYSE:GVA) Dividend Will Be $0.13
15 Longest Bridges in the World
See More Headlines
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GVA Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 1/13 Dividend
12/29/2022
Dividend Payable
1/13/2023
Today
2/04/2023
Next Earnings (Confirmed)
2/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Heavy construction, except building construction - contractors
Sub-Industry
Construction & Engineering
CUSIP
38732810
Employees
3,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$28.00
High Stock Price Forecast
$28.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
-35.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

Net Income
$10.10 million
Pretax Margin
1.35%

Debt

Sales & Book Value

Annual Sales
$3.01 billion
Cash Flow
$4.43 per share
Book Value
$21.73 per share

Miscellaneous

Free Float
43,533,000
Market Cap
$1.88 billion
Optionable
Optionable
Beta
1.44

Key Executives

  • Kyle T. Larkin
    President, Chief Executive Officer & Director
  • Jim Radich
    Chief Operating Officer & Executive Vice President
  • Elizabeth Lisa Curtis
    Chief Financial Officer & Executive Vice President
  • Malcolm Jack
    Chief Information Officer
  • M. Craig Hall
    Secretary, Compliance Officer & Senior VP













GVA Stock - Frequently Asked Questions

Should I buy or sell Granite Construction stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Granite Construction in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" GVA shares.
View GVA analyst ratings
or view top-rated stocks.

What is Granite Construction's stock price forecast for 2023?

1 brokerages have issued 12-month price targets for Granite Construction's shares. Their GVA share price forecasts range from $28.00 to $28.00. On average, they predict the company's share price to reach $28.00 in the next year. This suggests that the stock has a possible downside of 35.0%.
View analysts price targets for GVA
or view top-rated stocks among Wall Street analysts.

How have GVA shares performed in 2023?

Granite Construction's stock was trading at $35.07 at the beginning of 2023. Since then, GVA stock has increased by 22.9% and is now trading at $43.10.
View the best growth stocks for 2023 here
.

When is Granite Construction's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our GVA earnings forecast
.

How can I listen to Granite Construction's earnings call?

Granite Construction will be holding an earnings conference call on Thursday, February 16th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "1394844".

How were Granite Construction's earnings last quarter?

Granite Construction Incorporated (NYSE:GVA) announced its quarterly earnings data on Thursday, October, 28th. The construction company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.82 by $0.09. The construction company earned $1.06 billion during the quarter. Granite Construction had a trailing twelve-month return on equity of 7.13% and a net margin of 2.14%. During the same quarter in the previous year, the business earned $0.90 earnings per share.

How often does Granite Construction pay dividends? What is the dividend yield for Granite Construction?

Granite Construction declared a quarterly dividend on Friday, December 9th. Investors of record on Friday, December 30th will be paid a dividend of $0.13 per share on Friday, January 13th. This represents a $0.52 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Thursday, December 29th.
Read our dividend analysis for GVA
.

Is Granite Construction a good dividend stock?

Granite Construction (NYSE:GVA) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.26%. The dividend payout ratio is 41.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GVA will have a dividend payout ratio of 17.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GVA.

What is Kyle T. Larkin's approval rating as Granite Construction's CEO?

4 employees have rated Granite Construction Chief Executive Officer Kyle T. Larkin on Glassdoor.com. Kyle T. Larkin has an approval rating of 100% among the company's employees. This puts Kyle T. Larkin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Granite Construction own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Granite Construction investors own include U.S. Silica (SLCA), Alibaba Group (BABA), Enterprise Products Partners (EPD), AT&T (T), Applied Materials (AMAT), JD.com (JD), NVIDIA (NVDA), Ford Motor (F), The Hain Celestial Group (HAIN) and Carnival Co. & (CCL).

What is Granite Construction's stock symbol?

Granite Construction trades on the New York Stock Exchange (NYSE) under the ticker symbol "GVA."

Who are Granite Construction's major shareholders?

Granite Construction's stock is owned by many different institutional and retail investors. Top institutional investors include Bank of Montreal Can (2.58%), Bernzott Capital Advisors (1.72%), Pinnacle Associates Ltd. (0.43%), Pinnacle Associates Ltd. (0.42%), State of New Jersey Common Pension Fund D (0.15%) and New York State Common Retirement Fund (0.11%).
View institutional ownership trends
.

How do I buy shares of Granite Construction?

Shares of GVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Granite Construction's stock price today?

One share of GVA stock can currently be purchased for approximately $43.10.

How much money does Granite Construction make?

Granite Construction (NYSE:GVA) has a market capitalization of $1.88 billion and generates $2.83 billion in revenue each year. The construction company earns $10.10 million in net income (profit) each year or $1.26 on an earnings per share basis.

How many employees does Granite Construction have?

The company employs 3,300 workers across the globe.

How can I contact Granite Construction?

Granite Construction's mailing address is 585 WEST BEACH ST, WATSONVILLE CA, 95076. The official website for the company is www.graniteconstruction.com. The construction company can be reached via phone at (831) 724-1011, via email at ronald.botoff@gcinc.com, or via fax at 831-761-7871.

This page (NYSE:GVA) was last updated on 2/4/2023 by MarketBeat.com Staff